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Lloyd’s Europe Innovation Event 2023

6-7 July 2023

Lloyd’s Europe will hold the inaugural “Insurance Innovation at the heart of Europe” event on 6-7 July 2023 in Brussels, Belgium, to bring together innovators, entrepreneurs, and industry leaders from across Europe to drive innovation, insights and ideas on how to address the protection gaps in Europe. The event will also celebrate the first Europe-dedicated theme within cohort 10 of the Lloyd’s Lab – the InsurTech accelerator at the heart of Lloyd’s, the world’s largest specialist (re)insurance marketplace.

The theme of the event will be Underinsurance and protection gaps in Europe, with a special focus on digital and climate solutions, where European InsurTechs will pitch their solutions to compete for the “Lloyd’s Europe Innovation Award”. The two-day event will be jointly hosted by BeCentral (Day 1 – Innovation Competition) and KPMG (Day 2 – Investment Forum).

On Day 1, InsurTechs will pitch their insurance solutions to an expert panel of judges, made up of senior representatives from FERMA, BeCentral, KPMG, FinTech Belgium, Assuralia and Qover. The panel will deliberate and then announce the winner with the Lloyd’s Europe Innovation Award presented by Thomas Dermine, Belgium’s Secretary of State for Economic Recovery and Strategic Investments. Networking drinks will follow.

For any further information please contact David Franco or Sytske Romijn at Lloyd’s Europe.

Insurtechs featured:

Cohort 9 GREECE

Proprietary end-to-end battery insurtech platform driven by battery data analytics and battery expertise.

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Cohort 10 CANADA

Armilla AI is a leading provider of Responsible AI technology, empowering vendors and enterprises to guarantee the quality of their AI products and mitigate associated risks.

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Cohort 7 UK

BirdsEyeView is a European Space Agency funded InsurTech providing global Weather, NatCat and Climate Analytics to the insurance market.

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Cohort 10 FINLAND

Provides near real-time flood extent and depth data within 24h of an event enabling deployment of resources, faster + more accurate calculation of overall flood losses, claims automation & efficiency.

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Cohort 8 UK

Provides insurance for the voluntary carbon markets to enable more high-quality carbon removal solutions and generate positive climate impact.

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Cohort 4 UK

Previsico offers local and real time surface water flood warnings, tailored to the needs of a range of global insurance customers.

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REOR20 have developed a breakthrough AI system for flood risk understanding and mitigation based on the physics governing floods.

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Cohort 10 GERMANY

Provide (re)insurers risk exposure insights for automated vehicle (AV) deployments.

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Cohort 4 UK

Powered by its own parametric insurance technology INSDEX®, Skyline provides all the capabilities to design, build and operate innovative data driven insurance against complex or uncovered risks.

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Cohort 4 & 10 ESTONIA and UK

Deliver satellite-based risk assessments, it has opened up a new and proven capability that provides a x10 faster and x25 more cost-effective way to assess risks of assets such as dams and real estate

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13:30 - 14:00

Networking, refreshments and welcome

14:00 - 15:15

Session 1 of the Europe Innovation Competition: Best protection gap innovation in Europe

15:15 - 15:45

Break: drinks and bites

15:45 - 17:00

Session 2 of the Europe Innovation Competition: Best protection gap innovation in Europe

17:30 - 18:30

Award ceremony presented by Thomas Dermine, Belgium’s Secretary of State for Economic Recovery and Strategic Investmentsand networking drinks